Nigeria Property Centre

Detached Bungalows for Rent in Banana Island, Ikoyi, Lagos

There are 14 houses for rent in Banana Island as of 17 Oct 2026, with an average price of ₦120M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

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5 Bedroom Detached House with Service Quarters — Abia Street, Banana Island, Ikoyi, Lagos
Premium
10
₦100,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached House with Service Quarters

A fully detached 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space. Location: In a quiet and serene Close, Abia Street, Banana Island, Ikoyi Rental price: 100 million per annum

Abia Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Teelinks Realty Agency
5 Bedroom Detached House with Service Quarters — 5th Avenue, Banana Island, Ikoyi, Lagos
Premium
13
₦130,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached House with Service Quarters

A fully detached luxury 5 bedroom house plus 1 room service quarters. With security house and ample parking space and swimming pool. Location: 501 Close, 5th Avenue, Banana Island, Ikoyi Rental price: N130 million per annum Terms can be negotiated

5th Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Teelinks Realty Agency
5 Bedroom Detached House with Service Quarters — Banana Island, Ikoyi, Lagos
Premium
14
₦130,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached House with Service Quarters

5 Bedroom Detached House with 1 Room Service Quarters Features: - Gym House - Swimming Pool - Security Gatehouse Location: Banana Island, Ikoyi, Lagos Rent: ₦130M per annum

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Advanced Orients & Co
5 Bedroom Detached House with Service Quarters — Abia Street, Banana Island, Ikoyi, Lagos
Featured
6
₦120,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached House with Service Quarters

Available for Lease A fully detached 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space Location: In a quiet and serene Close, Abia Street, Banana Island, Ikoyi Rental price: 120 million per annum

Abia Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Chamih Investment Development Limited
Beautiful 5 Bedroom Detached House with Service Quarters — Banana Island, Ikoyi, Lagos
Featured
11
₦100,000,000 /yr

Detached bungalow for rent

Beautiful 5 Bedroom Detached House with Service Quarters

A fully detached 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space. Location: Banana Island, Ikoyi Rental price: 100 million per annum

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
De San Reality LTD
5 Bedroom Detached House with Service Quarters — 501 Close, 5th Avenue, Banana Island, Ikoyi, Lagos
Featured
8
₦130,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached House with Service Quarters

A fully detached spacious 5 bedroom house plus 1 room service quarters with security house and ample parking space and swimming pool. Location: 501 Close, 5th Avenue, Banana Island, Ikoyi Rental price: N130 million per annum. Terms can be negotiated. Ubo

501 Close, 5th Avenue, Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Flowtouch Properties
5 Bedroom Detached House with Service Quarters — Banana Island, Ikoyi, Lagos
Featured
10
₦100,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached House with Service Quarters

A fully detached 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space. Location: In a quiet and serene Close, Banana Island, Ikoyi Rental price: 100 million per annum

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Oblango Technology Company
5 Bedroom Fully Detached House — Off Abia Street, Banana Island, Ikoyi, Lagos
Featured
17
₦120,000,000 /yr

Detached bungalow for rent

5 Bedroom Fully Detached House

Fully detached 5 bedroom house plus 2 separate rooms service quarters with security house and ample parking space. Location: Off Abia Street, Banana Island, Ikoyi Rent: 120m per annum*

Off Abia Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Hygge Homs
4 Bedroom Maisonette with BQ — Banana Island, Ikoyi, Lagos
Featured
13
₦80,000,000 /yr

Detached bungalow for rent

4 Bedroom Maisonette with BQ

For rent Newly built 4 bedroom maisonette with BQ Location: Banana Island Road, Ikoyi, Lagos Rent: 80m Legal: 10% Agency: 10% Caution: 5% Service charge: 10.6m/annum (Diesel deposit inclusive) Features: - Fitted Kitchen - Pop Ceilings - Water Treatment - 24hrs Power - Water heater - Walk-in Shower - Car park space - 24hrs Security - Secured Estate - Game house - Gym - Club house - Bq - Elevator Etc Call Princess +2349045656622 for inspection and inquiries.

Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets
Giwa Realty Limited
5 Bedroom Detached Luxury House — Abia Street, Banana Island, Ikoyi, Lagos
Featured
10
₦100,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached Luxury House

A fully detached luxury 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space. Location: In a quiet and serene Close, Abia Street, Banana Island, Ikoyi Rental price: 100 million per annum

Abia Street, Banana Island, Ikoyi, Lagos
5 beds
Oma's Home and Luxury Apartment
5 Bedroom Detached House with Service Quarters — Banana Island, Ikoyi, Lagos
Featured
7
₦130,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached House with Service Quarters

A fully detached luxury 5 bedroom house plus 1 room service quarters. With security house and ample parking space and swimming pool. Location: Banana Island, Ikoyi Rental price: N130 million per annum Terms can be negotiated

Banana Island, Ikoyi, Lagos
5 beds
Oma's Home and Luxury Apartment
5 Bedroom Detached Luxury House with Service Quarters — Banana Island, Ikoyi, Lagos
Featured
22
₦130,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached Luxury House with Service Quarters

A fully detached luxury 5 bedroom house plus 1 room service quarters with security house and ample parking space and swimming pool. Location: Banana Island, Ikoyi Rental price: N130 million per annum. Terms can be negotiated.

Banana Island, Ikoyi, Lagos
5 beds
Agape First Luxury Estate
5 Bedroom Detached House with Service Quarters — Banana Island, Ikoyi, Lagos
Featured
10
₦130,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached House with Service Quarters

A fully detached luxury 5 bedroom house plus 1 room service quarters. With security house and ample parking space and swimming pool. Location: Banana Island, Ikoyi Rental price: N130 million per annum Terms can be negotiated Fi30826

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 5 Parking
Doviziano Properties LTD
5 Bedroom Detached House with Service Quarters — 501 Close, Off 5th Avenue, Banana Island, Ikoyi, Lagos
Featured
8
₦130,000,000 /yr

Detached bungalow for rent

5 Bedroom Detached House with Service Quarters

5 Bedroom Detached House with 1 Room Service Quarters Features: - Gym House - Swimming Pool - Security Gatehouse Location: 501 Close, Off 5th Avenue, Banana Island, Ikoyi, Lagos Rent: ₦130M per annum kass

501 Close, Off 5th Avenue, Banana Island, Ikoyi, Lagos
5 beds
The Home Properties. a Division of Onozefe Uzuazor Bridget Enterprise

Showing 1–14 of 14 properties

Area Guide

About Banana Island, Ikoyi

Banana Island, is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. The Island is a man-made island and is shaped like a banana. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of Works and Housing and is considered to be on par with the Seventh Arrondissement in Paris, La Jolla in San Diego, and Tokyo's Shibuya and Roppongi neighbourhoods. Banana Island has residential and commercial areas, as well as sites for recreational activities

It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size) mainly arranged along cul-de-sacs. Dwellers in this Island are provided with world class utilities including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system and treatment plant, and street lighting and satellite telecommunications networks

Read the full area guide
Property glossary

What is a detached bungalow?

A detached bungalow is a single-storey house that stands on its own plot and shares no walls with any neighbour. It is the most common family house in many Nigerian towns and suburbs, and is often built first with a view to adding an upper floor later.

Read more in our glossary Last checked 13 October 2026
FAQ

Frequently asked questions

The average price of detached bungalows for rent in Banana Island, Ikoyi, Lagos is ₦120,000,000 a year.

Prices for detached bungalows for rent in Banana Island, Ikoyi, Lagos go up to around ₦130,000,000 a year.

Prices for detached bungalows for rent in Banana Island, Ikoyi, Lagos start from around ₦100,000,000 a year.

There are 14 available detached bungalows for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

A detached bungalow is a single-storey house that stands on its own plot and shares no walls with any neighbour. It is the most common family house in many Nigerian towns and suburbs, and is often built first with a view to adding an upper floor later.